Revenue of Big 3 TV networks for 3rd quarter increased 7% over sa...
Revenue of Big 3 TV networks for 3rd quarter increased 7% over same period last year, Bcst. Cable Financial Management Assn. (BCFM) said, based on data supplied by Ernst & Young. Combined, ABC, NBC and CBS had net revenue…
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of $2.01 billion from time sales for quarter, up from $1.87 billion. Largest increase was in sports programming, up more than $90 million (31.6%), primarily because of canceled telecasts following Sept. 11, 2001, terrorist attacks, BCFM said. Largest revenue decrease was in news -- down more than $38 million (22.5%).